Meridian Capital Group has facilitated the acquisition financing for New Broadview, a 200-bed assisted living and nursing facility in Staten Island, N.Y., on behalf of Berry Weiss, managing partner of The W Group. The 24-month bridge loan includes full-term, interest-only payments and a 12-month extension option.

The five-story property is located at 70 Father Capodano Blvd., in the South Beach neighborhood of Staten Island, next to the Verrazano Bridge. Situated in a residential area, the site is one block away from the beach, providing quiet surroundings for residents.

New Broadview’s Assisted Living Program started in 2002 and offers physical therapy, a personal care aide and supervision by licensed nurses. On-site recreational programs include movie nights, weekly shopping outings and board games. The property also features:

backyard patio

salon

security and safety systems

cable TV access

religious services

on-site mental health services

multi-lingual staff

Meridian’s New York City team negotiating the loan was made up of Managing Directors Ari Dobkin and Ari Adlerstein, along with Vice Presidents Isaac Lifshitz and Josh Simpson.